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An aircraft manufacturer incurred the following costs last month (in thousands of dollars): (Click the icon to view the costs.) Requirements Requirement 1. If the
An aircraft manufacturer incurred the following costs last month (in thousands of dollars): (Click the icon to view the costs.) Requirements Requirement 1. If the cost object is an airplane, classify each cost as one of the following: direct material (DM), direct labour (DL), indirect labour (IL), indirect materials (IM), other manufacturing overhead (other MOH), or period cost. What is the total for each type of cost? Let's begin by classifying each cost, and then we will calculate the total. (Leave any unused cells blank.) - X a. Airplane seats b. Depreciation on administrative offices c. Assembly workers' wages... d. Plant utilities...... e. Production supervisors' salaries. f. Jet engines.. g. Machine lubricants H Requirements DM DL IM IL Other MOH Period Data table a. Airplane seats $ 330 b. Depreciation on administrative offices 80 c. Assembly workers' wages.... 620 d. Plant utilities.... 130 e. Production supervisors' salaries.. 110 f. Jet engines... 1,000 g. Machine lubricants 45 h. Depreciation on forklifts 55 i. Property tax on corporate marketing office 25 240 k. Factory janitors' wages. 30 195 40 $ 2,900 heck answer 1. If the cost object is an airplane, classify each cost as one of the following: direct material (DM), direct labour (DL), indirect labour (IL), indirect materials (IM), other manufacturing overhead (other MOH), or period cost. What is the total for each type of cost? 2. Calculate total manufacturing overhead costs. 3. Calculate total inventoriable product costs. 4. Calculate total prime costs. 5. Calculate total conversion costs. 6. Calculate total period costs. j. Cost of warranty repairs.. I. Cost of designing new plant layout. m. Machine operators' health insurance Total Print Done
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